Yesterday my sister found an iPhone taking the subway in NYC and I guess the previous owner had remotely wiped the phone because its unactivated and awaiting to be plugged into iTunes. It already has an AT&T SIM card pre-installed in it, which I would assume is the original card for the phone.

Is it possible to jailbreak the phone/bypass activation so I basically just have iPod touch/apps access? If so what would be the easiest way of achieving this? Thanks in advance.

I have 2 PC's, a Windows 7 Home Premium and Windows 7 Profession in my household, and neither of them are able to connect to the phone when I open iTunes and plug in the USB cable. The phone just sits idle not charging with the connect to iTunes diagram displayed, and my PC sits unaware that anything has even been plugged in. Any ideas?

I have 2 PC's, a Windows 7 Home Premium and Windows 7 Profession in my household, and neither of them are able to connect to the phone when I open iTunes and plug in the USB cable. The phone just sits idle not charging with the connect to iTunes diagram displayed, and my PC sits unaware that anything has even been plugged in. Any ideas?

Thanks for the advice. I just tried the DFU mode and it wasn't a black screen that it came to, rather a screen with the same connect to iTunes without any emergency dialer slider or status bar. Nevertheless, still the PC doesnt recognize the iPhone.

In contrast; I just set up my own iPod Touch 4g, and it perfectly entered DFU mode and iTunes recognized it was in recovery right on the spot. This iPhone was just not meant to be...

You think ATT doesnt have a record of the last person to own that simcard? You could take the simcard and phone to them and they could tell you the owner. You could take the iphone to apple and they could tell you the owner from some of the numbers on the iphone. So don't say if you could you would return it. Because you can. And anyone helping someone on this forum use a "lost" iphone should be banned because its a crock of ****.

Just sayin....you could put a little more effort into finding the owner. I can almost guarantee that person didn't just abandon it on the subway..if i was pissed enough to "abandon" a $500 device, it would get more of a sendoff from me... into the river..